When Olivia Humphrey decided to take on the giant and tough US market, to grow her Kanopy film streaming business into the educational and public library sectors there, she didn’t count on the often unscrupulous actions of some competitors. But armed with some private equity investment from billionaire & Phoenix Suns NBA team owner Jahm Najafi, Olivia fought to win over the large Public Library market to her film streaming service. She eventually built Kanopy into an impressive global streaming empire offering 30,000 film titles into some 5,000 University & Public Library branches in the US and Australia, with over 100 staff globally, and more than 8 million active monthly users, who can access the service at no cost to them, with simply a swipe of their library card!
So why did she eventually sell Kanopy, & how has massive wealth changed her life? And how is she now helping next gen entrepreneurs?
Find out, in Part 2 of my chat with Olivia Humphrey.
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Build It. They'll Come.